Awesome Bailout Idea!!!

[92bDad]

I got this in an e-mail today...pretty funny...it will never happen, but not a bad idea.

Here is an interesting approach that was on a bulletin board:


I’m against the $85,000,000,000.00 bailout of AIG. Instead, I’m in favor of giving $85,000,000,000 to America in a "We Deserve It Dividend".

To make the math simple, let’s assume there are 200,000,000 bonafide U.S. Citizens 18+. Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up.. So divide 200 million adults 18+ into $85 billion that equals $425,000.00.

My plan is to give $425,000 to every person 18+ as a "We Deserve It Dividend". Of course, it would NOT be tax free. So let’s assume a tax rate of 30%. Every individual 18+ has to pay $127,500.00 in taxes. That sends $25,500,000,000 right back to Uncle Sam.

But it means that every adult 18+ has $297,500.00 in their pocket. A husband and wife has $595,000.00.

What would you do with $297,500.00 to $595,000.00 in your family?
• Pay off your mortgage – housing crisis solved.
• Repay college loans – what a great boost to new grads
• Put away money for college – it’ll be there
• Save in a bank – create money to loan to entrepreneurs.
• Buy a new car – create jobs
• Invest in the market – capital drives growth
• Pay for your parent’s medical insurance – health care improves
• Enable Deadbeat Dads to come clean – or else

Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces.

If we’re going to re-distribute wealth let’s really do it...instead of trickling out a puny $1000.00 ( “vote buy” ) economic incentive that is being proposed by one of our candidates for President.

If we’re going to do an $85 billion bailout, let’s bail out every adult U S Citizen 18+!

As for AIG –
• liquidate it.
• Sell off its parts.
• Let American General go back to being American General.
• Sell off the real estate.
• Let the private sector bargain hunters cut it up and clean it up.

Here’s my rationale. We deserve it and AIG doesn’t.

Sure it’s a crazy idea that can “never work.” But can you imagine the Coast-To-Coast Block Party! How do you spell Economic Boom?

I trust my fellow adult Americans to know how to use the $85 billion We deserve the "We Deserve It Dividend" more than the geniuses at AIG or in Washington DC .

And remember, The Family plan only really costs $59.5 billion because $25.5 billion is returned instantly in taxes to Uncle Sam.

Ahhh...I feel so much better getting that off my chest.

[GermanDunk]

Uhm 85 x 10^9 / 200 x 10^6 = 425 bucks

Hell, i mixed , and .

[chumdawg]

Um...I'm afraid those numbers don't quite add up.

[jthig32]

I.....wow. Did you even read this?

[mary]

[Usually Lurkin]

Originally Posted by GermanDunk

Uhm 85 x 10^9 / 300 x 10^6 = 425 bucks

Then we should just split the 85,000,000,000 among the 200,000 people that are most like me! That would be cool enough.

[92bDad]

Hey it's fuzzy math...why get bogged down in the details...it's joke e-mail.

It's a funny thought and pretty cool when you put it all through...

I bet the idea came from ACORN!!!

[jthig32]

Well, yeah, it would be pretty cool if you could split 85 billion across every adult in the U.S. and have it become 85 trillion. We'd have ourselves a modern version of the Fish and Bread parable.

[dalmations202]

Originally Posted by jthig32

Well, yeah, it would be pretty cool if you could split 85 billion across every adult in the U.S. and have it become 85 trillion. We'd have ourselves a modern version of the Fish and Bread parable.

The US Gov could do that. Just print up another 85 Trillion

Of course since nothing is actually backing the money -- it is all relevant.

You may end up in a situation where $500,000 doesn't buy a loaf of bread.

Money is always relative -- if their is nothing backing it. It is only as valuable as the market dictates.

[Big Boy Laroux]

ha ha ha, I've seen this on a lot of sites. Can't people execute basic math anymore?

[rabbitproof]

Man, I hope this isn't the reason why McCain all of the sudden is against the bailout..

"waittttttttt a second, Sarah!!"